Community Schools of Frankfort: Single Audit Reports and Findings

Community Schools of Frankfort's most recent single audit in the Federal Audit Clearinghouse covers fiscal year 2025, accepted March 26, 2026; the auditor observed on that filing is Indiana State Board of Accounts. It reported 4 findings, including a material weakness, with an adverse opinion on the financial statements. Data as of 2026-11-06.

Data as of Nov 6, 2026 · Source: Federal Audit Clearinghouse (public data)

Single audits by year

One row per audit year as the Federal Audit Clearinghouse accepted it. The auditor named is the one observed on that filing; Community Schools of Frankfort is recorded in FRANKFORT, Indiana under EIN 356002397, and the Clearinghouse records it as a local government. Each report opens on the Clearinghouse itself; how to search the Federal Audit Clearinghouse explains the rest of the reporting package.

Single audits filed by Community Schools of Frankfort
Audit yearFiscal year endFederal expendedThreshold appliedAuditor observedOpinionFindingsMW / SDFAC report
20252025-06-30$11,974,884$750,000Indiana State Board of AccountsAdverse / Not on a GAAP basis4MW2025-06-GSAFAC-0000405018
20232023-06-30$14,833,825$750,000Indiana State Board of AccountsAdverse / Not on a GAAP basis5MW2023-06-GSAFAC-0000019084
20212021-06-30$8,437,600$750,000Indiana State Board of AccountsAdverse / Not on a GAAP basis3MW2021-06-CENSUS-0000197747
20192019-06-30$8,071,408$750,000Indiana State Board of AccountsAdverse / Not on a GAAP basis2MW2019-06-CENSUS-0000197747
20172017-06-30$8,202,894$750,000Indiana State Board of AccountsNot on a GAAP basis2MW2017-06-CENSUS-0000197747

When is the next single audit due?

If Community Schools of Frankfort is again required to have a single audit for the fiscal year ending Jun 30, 2026, the reporting package is due to the Federal Audit Clearinghouse by Mar 30, 2027 at the latest.

Whether an audit is required depends on federal awards expended in that year (the single audit threshold). The rule, 2 CFR 200.512(a): the reporting package is due within 30 calendar days after the auditee receives the auditor's report or nine months after the end of the audit period, whichever is earlier; the date above is the nine-month date, moved to Monday when it falls on a weekend. Last verified: 2026-11-15.

Indiana also publishes audit reports of local governments: Indiana State Board of Accounts. Last verified: 2026-11-15.

Which federal programs did this organization report?

From the most recent accepted report, as listed on its schedule of expenditures of federal awards (SEFA). "Major" is the designation the auditor made under 2 CFR 200.518, not ours.

Federal programs on the most recent report
ALNProgramExpendedMajor
10.555NATIONAL SCHOOL LUNCH PROGRAM 2024$2,074,576Yes
10.555NATIONAL SCHOOL LUNCH PROGRAM 2025$2,013,817Yes
84.425EDUCATION STABILIZATION FUND 2024$1,329,967Yes
84.027SPECIAL EDUCATION GRANTS TO STATES 2025$933,847Yes
84.010TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES 2024$798,633No
84.010TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES 2025$608,821No
10.553SCHOOL BREAKFAST PROGRAM 2024$531,988Yes
84.425EDUCATION STABILIZATION FUND 2025$514,059Yes
10.553SCHOOL BREAKFAST PROGRAM 2025$486,287Yes
93.575CHILD CARE AND DEVELOPMENT BLOCK GRANT 2024$387,684No
84.425EDUCATION STABILIZATION FUND 2024$316,106Yes
84.027SPECIAL EDUCATION GRANTS TO STATES 2024$277,724Yes
93.778MEDICAL ASSISTANCE PROGRAM 2025$260,096No
93.575CHILD CARE AND DEVELOPMENT BLOCK GRANT 2025$258,820No
93.778MEDICAL ASSISTANCE PROGRAM 2024$176,788No
84.048CAREER AND TECHNICAL EDUCATION -- BASIC GRANTS TO STATES 2025$171,665No
84.367SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) 2025$163,922No
84.365ENGLISH LANGUAGE ACQUISITION STATE GRANTS 2025$133,856No
84.365ENGLISH LANGUAGE ACQUISITION STATE GRANTS 2024$116,045No
84.048CAREER AND TECHNICAL EDUCATION -- BASIC GRANTS TO STATES 2024$111,998No
84.367SUPPORTING EFFECTIVE INSTRUCTION STATE GRANTS (FORMERLY IMPROVING TEACHER QUALITY STATE GRANTS) 2024$97,982No
84.027SPECIAL EDUCATION GRANTS TO STATES 2024$82,728Yes
84.424STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM 2024$51,749No
84.424STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM 2025$27,185No
84.425EDUCATION STABILIZATION FUND 2025$23,783Yes

What findings did the auditor report?

The reference is the auditor’s; the requirement is the Compliance Supplement category the auditor selected. The finding text itself is not reproduced here; the FAC report linked above carries it in full. What the two severity levels mean: material weakness vs significant deficiency.

Findings on the most recent report
ReferenceRequirementSeverityRepeat
2025-003Matching, level of effort, earmarking (G)Material weaknessNo
2025-004Period of performance (H)Material weaknessNo
2025-005Activities allowed or unallowed (A); Allowable costs / cost principles (B)Material weakness / Questioned costsNo
2025-006Equipment and real property management (F)Material weaknessYes

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How we computed this

Every row comes from the Federal Audit Clearinghouse record named beside it, one report per audit year, with a resubmission superseding the filing it replaces. The auditor is the one named on that filing — it is not a statement about who audits Community Schools of Frankfort now. Form 990 figures come from the IRS e-filed return named by its object id. This page exists because the organization filed at least two single audits, or one with a finding.

Cite this page

AuditRadar. “Community Schools of Frankfort, Indiana Single Audit FY2025.” https://getauditradar.com/single-audits/in/community-schools-of-frankfort-356002397/. Data as of 2026-11-06.